June Financials and Comparison
Summer is in full force! The year is halfway over, and the weather is as crazy as ever here in the Midwest. The rain and flooding has quickly turned into summer heat, and the temperature has not been the only thing hot this month. That's right, the market has bounced back from it's latest slump, with the S&P 500 hitting new highs recently. June yielded nearly a 7% return on the S&P 500, and my portfolio definitely reaped the benefits, as we will see below! Comparison I will keep the discussion pretty brief, as much of the increases in balances are due to timing, or the aforementioned broader market return. The increase in cash this month is due mostly to timing, as my travel has again picked up for work, and I'm receiving expense reimbursements prior to my credit card bills coming due (which is a reason for the increase in my credit card debt as well). I have had a bit of activity in my taxable investments in June, however, where I had initiated a new po